André Barbault's Index of Cyclical Variations or Cyclic Index measures
the balance between waxing and waning angular separations among
planets, analogous to lunar phases—where increasing (waxing) angles are
associated with more optimistic conditions and decreasing (waning)
angles with more pessimistic conditions. The same principle is extended
across all planetary angles, with heliocentric configurations preferred.
Heliocentric Cyclic Index vs. S&P 500.
Statistical analysis indicates that this index accounts for approximately 6.4% of S&P 500 price variation, representing a modest but notable explanatory contribution for a single indicator. Recent periods show that the index has maintained a consistent relationship with market movements. Further refinement, including the use of neural network methods, may enhance its ability to model optimistic and pessimistic market regimes.